MONEY MARKET.
STOCK EXCHANGE, FR/DAY AFTERNOON.
The Discount Market has been active all the week at higher rates ; it was expected in some quarters that an advance in the present Bank minimum would have been adopted yesterday at the weekly meeting of the Court of Directors ; no alteration was made, and the market for English Securities exhibited firmness. On Monday Consols opened at an improvement of / per cent upon Saturday, which was, however, not maintained up to the close of the day, the final quotation being 961 961. The Indian Loan advanced during the morning fully f per cent, and this rise has been well supported up to the present. The daily fluctuations have been immaterial, the extreme range being k per cent. The market has been subject to all kinds of rumours with regard to the signing of the treaty at Zurich and the proposed European Congress ; reports of an adverse character, of course, greatly preponderating ; but prices, notwithstanding, have been tolerably well supported iu consequence of continued telegrams of firmness on the Continental Bourses. Consols are finally quoted this afternoon 96 965 for money, and 965 961 for 6th December. The settlement took place on Tuesday, the contango being about k per cent. India Stock leaves off 224 226 ; ditto debentures (1858) 965 961 ; ditto (1859), 94 96„ ditto Loan Scrip, 1031 104 ; ditto paid up, 103k 1041. The tendency at the close is towards higher quotations.
There is not much alteration in Foreign Stocks. The market continues firm, although business is still much below the average of this season of the year. A little more inquiry has taken place for Spanish, but with no par- ticular advance except in the certificates, in which an advance of f per cent has been established. Buenos Ayres has been in demand, and the Deferred has risen per cent. In Turkish, sales have preponderated, and the market is weak. Mexican continues firm, with a demand for the remnant of the dividend remaining unpaid. For the Its. due, 10s. 6d. can be easily ob- tained : the Bonds close 221 23. Buenos Ayres, 81 83 ; Ditto, Three per Cents, 20 21 ; Venezuela, 281 29 ; Grenada Active, 161 17f ; Ditto, De- ferred, 44 51; Chilian Six per Cents, 102 104; Ditto, Four per Cents, 88 90; Ditto, Three per Cents, 73 75; Turkish Six per Cents, 771 78k; Ditto, New, 67 68; Austrian, 76 78; Peruvian Four-and-a-Half per Cents, 91 22 ; Ditto, Three per Cents, 70 71 ; Ditto, Uribarren, 81 83 ; Ditto, Dollar Bonds, 81 83 ; Victor Emmanuel, 91 92 ; Brazilian, 96 97 ; Russian 99 100; Portuguese, 45 46 ; Spanish, 46 46k. Money is easy, and at nominal rates.
The Railway Share Market has been inactive, and prices have undergone little or no variation. The tone of the various markets is, however, de- cidedly firmer, and the traffic returns, with scarcely an exception, show an improvement. Caledonian Stock is finally 929?.1 ; London and Brighton, 112 113; South-Eastern and Dover, 761 771; North Stafford, 41 41 die. ; London and North-Western, 95196k; London and South-Western, 951951; Great Northern, 102 103; Manchester, Sheffield, and Lincoln, 3.5 36 ; Lan- cashire and Yorkshire, 96/ 971 ; Midland, 106 106.1. Preparations for the half-monthly settling will commence on Monday. Lombardo-Venetian Shares have been 11 2 prem. all the week. French Shares have not ex- perienced much change. Northern of France, 371 38; Paris and Lyons, 351 36 ex div.; Paris and Strasbourg, 26 262 ex div. Pending the issue of
the New Indian debentures the market is rather heavy and prices dull. East Indian, 1001 1011; Great Indian Peninsula, 98 981; Madras, 96 97 ; Bom-
bay and Baroda, 95} 96k. The prospectuses of a new company (The Ocean Marine Insurance Company) have just been issued ; applications for allot- ment of shares have up to the present been very numerous, the market value is about prem. Mining, Banking, and Miscellaneous shares have not pre- sented any particular feature this week.
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